Common use of Inconsistency of Name and Number Clause in Contracts

Inconsistency of Name and Number. You hereby acknowledge that, if an Entry describes the Receiver inconsistently by name and account number, completion of the Entry, at the election of FGB or the Receiver, may be made on the basis of the account number even if it identifies a person different from the named Receiver.

Appears in 2 contracts

Sources: Internet Banking Services Agreement, Internet Banking Services Agreement